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>> he said the economy -- >> why? >> they have this thing where you sell on the news and buy on the fear. they like to go out there and make a big stink when anything happens. bernanke said the economy is getting better so we'll stop buying bonds and plowing money into the economy. people said we've been used to this for five years. the fed is propping up the economy. >> interest rates will go up. >> they are. 2.4% today which is high compared to where it's been recently, historically low but high to where it's been. >> is there any sensible rational or is it taking money because they are greedy pigs? >> your phrase. there is never any sense to what wall street does, never. i said that before on this program. >> abby huntsman, do you have anything to say about the global economy? >> absolutely. i'm an expert on anything finance. the stock market goes up and down every day based on the news. i think to bring it back down to every indication shows we are moving in the right direction you look at the housing market, the
>> he said the economy -- >> why? >> they have this thing where you sell on the news and buy on the fear. they like to go out there and make a big stink when anything happens. bernanke said the economy is getting better so we'll stop buying bonds and plowing money into the economy. people said we've been used to this for five years. the fed is propping up the economy. >> interest rates will go up. >> they are. 2.4% today which is high compared to where it's been...
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Jun 22, 2013
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economy can stand on its own. that means the u.s. economy is healing. but then you have nagging concerns about the rest of the world. a recession in europe, china's growth appears to be slowing. the global worries are one reason why stock investors are so concerned about a pull-back from the fed right now. >> this is a classic case of heads you win, tails i lose. it doesn't matter what bernanke would have said, the markets are ready to fall out of bed. it's per ververse, it's obscure it's childish, it's all those things. but here's the reason. because investors have gone for exotic emerging markets with very narrow exits. of course, when things start to change, they all head for the door at the same time. you're absolutely right. the mere fact that he will be taking his foot off the gas is because the car is going fast enough on its own. so you have to put it into context. do i think we should be concerned? the hiccup, bucolic plague of the last week. absolutely not. the market knew it was coming and they're just having a nasty bout of indigestioindiges
economy can stand on its own. that means the u.s. economy is healing. but then you have nagging concerns about the rest of the world. a recession in europe, china's growth appears to be slowing. the global worries are one reason why stock investors are so concerned about a pull-back from the fed right now. >> this is a classic case of heads you win, tails i lose. it doesn't matter what bernanke would have said, the markets are ready to fall out of bed. it's per ververse, it's obscure it's...
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it is about economy. that's the political argument he was making. when you put it in context, you see that that's what it's all about. he is framing the immigration debate in an economic perspective. >> i'll tell you how it is going to change things, don. i'm from texas which we all know has gone republican for i think since lbj. jeb bush is actually the won who said that the changing make-up of this country, that we are becoming a browner country, texas has actually become a blue state he said if republicans didn't get their immigration reform act together. that's how it is changing this country. we are seeing swing states in play that used to not be in play because of the number of immigrants coming to this country. so it is changing our country. the fastest growing group is multi-racial americans. i am hoping one day we'll all be so mixed up a lot of this nonsense we are always arguing about in terms of race is kind of a moot point. >> anna -- >> don, just one last point. for all the people watching the three of us on tv right now, we just got on
it is about economy. that's the political argument he was making. when you put it in context, you see that that's what it's all about. he is framing the immigration debate in an economic perspective. >> i'll tell you how it is going to change things, don. i'm from texas which we all know has gone republican for i think since lbj. jeb bush is actually the won who said that the changing make-up of this country, that we are becoming a browner country, texas has actually become a blue state...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. i am an american i'm a teacher. i'm a firefighter. i'm a carpenter. i'm an accountant. a mechanical engineer. and i shop at walmart. truth is, over sixty percent of america shops at walmart every month. i find what i need, at a great price. and the money i save goes to important things. braces for my daughter. a little something for my son's college fund. when people look at me, i hope they see someone building a better life. vo: living better: that's the real walmart. foour neighbors.... and our communities... america's beverage companies have created... a wide range of new choices. developing smaller portion sizes and more.. low and no-calorie beverages... adding clear calorie labels so you know... exactly what you're choosing... and in schools, replacing full-calor
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. i am an american i'm a teacher. i'm a firefighter. i'm a carpenter. i'm an accountant. a mechanical engineer. and i shop at walmart. truth is, over sixty percent of america shops at walmart every month. i...
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Jun 22, 2013
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a growing economy. the idea that a lot of excess money will flow into the market, of course, scares -- that it will stop happening scares market participants. >> another surprise out of the news conference, moving the goalpost. when the jobless rate hit 7% the fed will likely pull back. we're at 7.6%. explain how lower unemployment could lead to negative results for the market. >> well, it's one of these things where if things go up too fast in terms of the economy then the market participants, in particular those institutions who have now become reliant on monetary policy to drive stocks they may force mr. bernanke to become more aggressive and take the pedal off and put pressure off the pedal and start to taper a little bit. faster. i think that's what most people are worried. we think it's nonsense. fundamentals drive stocks and we're in the mid of a grand transition from dependency on monetary policy to dependency onfuls and we think there's volatility along the way. >> you might be right. volatilit
a growing economy. the idea that a lot of excess money will flow into the market, of course, scares -- that it will stop happening scares market participants. >> another surprise out of the news conference, moving the goalpost. when the jobless rate hit 7% the fed will likely pull back. we're at 7.6%. explain how lower unemployment could lead to negative results for the market. >> well, it's one of these things where if things go up too fast in terms of the economy then the market...
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Jun 15, 2013
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economy? >> i don't know. i would be a little bit more careful than keith and say let's move all the policy and remove ben bernanke's presence in the economy. the fed has done an extremely important role in the past several years of lessening the impact of this recession. it was a real meltdown we were experiencing in '08. what we are seeing now is an economy that's still heelialing from this deep recession. the housing market is looking better, auto production sales are picking up. some of the most cyclical parts of the economy are showing strength. i think we are on the beginning, in the beginning stages of that. what would worry me is that if you take away this fed policy too easily and create a big spike in interest rates, costs go up. two of the sectors that are performing the best, housing and auto, could start to suffer. i think you have to be very careful when you are this i go about policy prescriptions for the economy. >> what you are both illustrating to me was the word of the week, taper. it is no
economy? >> i don't know. i would be a little bit more careful than keith and say let's move all the policy and remove ben bernanke's presence in the economy. the fed has done an extremely important role in the past several years of lessening the impact of this recession. it was a real meltdown we were experiencing in '08. what we are seeing now is an economy that's still heelialing from this deep recession. the housing market is looking better, auto production sales are picking up. some...
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is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very volatile markets. >> let's talk pocketbooks. i want to put up the new cnn/orc poll about what people's personal financial situation is compared to a year ago. 36% say they are better off. 44% say they are worse off. so in the middle of the recovery, what do you make of that? >> it is really interesting. it reflects the incredibly bifurcated nature of the economy we are in. people at the top are doing well. there are jobs for those at the bottom and americans have gotten their balance sheets in order over the last few years. the spending rate has gone up. debt is d
is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very...
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Jun 17, 2013
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>> on the economy of jobs. he's within the margin of error and that's the encouragement here, that this isn't some devastating dive that's unrecoverable. i think mark's point about the clump of scandal coverage is certainly something that would have an impact. and to your point that voters look around and say, well, nothing's getting done in washington and does obama bear some blame for that? >> one of the things that's interesting is he has a huge drop among young voters, down 17 points in the last month among people under 30. one thing he's done that people disagree with also even more is on syria, 70% of americans oppose sending arms to the syrian rebels, according to the pew poll conductsed before the announcement on chemical weapons. this is exactly what president clinton in that, quote unquote private meeting said don't worry about the polls, just do what's right. >> as the one member of this panel who doesn't look at trend lines, i guess, i feel i need to speak for the nontrend line viewers. >> we apprec
>> on the economy of jobs. he's within the margin of error and that's the encouragement here, that this isn't some devastating dive that's unrecoverable. i think mark's point about the clump of scandal coverage is certainly something that would have an impact. and to your point that voters look around and say, well, nothing's getting done in washington and does obama bear some blame for that? >> one of the things that's interesting is he has a huge drop among young voters, down 17...
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what about the chart earliert that every time there is a big pump, push of money into the economy it is like you put the money in and the market goes up. what happens? you are saying it may not go down sharply. what happens when it goes away? >> it will bounce around a while. this activity that the fed is involved in, buying these bonds they make stocks look cheaper and people want to get in on stocks. every time the fed has done this. the fundamentals are not that bad. corporate profits are not that bad. if the fed does it right and slowly and take the drugs away in a methodical way stocks will find equilibrium again. in the interim we will have days like this where traders look and try to figure it out. it is unprecedented territory, the fed to be doing this. it is just going to be a rocky ride. there is a chance they mess it up and stocks chance. the chances of that are very slim. >> thank you very much. we will have a new fed chief because ben burn naernanke says getting out. >>> tonight outfront we have an exclusive piece of video of something that happened inside that home. it
what about the chart earliert that every time there is a big pump, push of money into the economy it is like you put the money in and the market goes up. what happens? you are saying it may not go down sharply. what happens when it goes away? >> it will bounce around a while. this activity that the fed is involved in, buying these bonds they make stocks look cheaper and people want to get in on stocks. every time the fed has done this. the fundamentals are not that bad. corporate profits...
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Jun 15, 2013
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how does this affect the economy in the long run? >> let's take something like an auto or pharmaceutical company, they spent 20 to 25% of their revenues on research and development. so if a chinese company can come in and hack and steal that pill or process, basically they saved that amount and it creates a competitive advantage that steals american jobs. that's one example. the second example, and this is one documented with chinese hackers, they went in and probed the networks of these oil companies to look at the bids for oil so they could undercut the bids. and another one, google, google goes over to china, and it establishes a very strong presence there and gets something like 70% of the market share, and then the chinese government decides we are not going to let that happen and they go in and hack the source code, and then >> let me ask you, what do you think the president should do? what do you think the administration should do? because we've had year after year of these strategic economic dialogues with where there's a lot
how does this affect the economy in the long run? >> let's take something like an auto or pharmaceutical company, they spent 20 to 25% of their revenues on research and development. so if a chinese company can come in and hack and steal that pill or process, basically they saved that amount and it creates a competitive advantage that steals american jobs. that's one example. the second example, and this is one documented with chinese hackers, they went in and probed the networks of these...
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most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and americans are split. 50% saying economic conditions will be good in the summer of 2014. 49% say they will be bad. >> thanks. hold on. i want to bring in clyde. how do we make ourselves feel better about our own situation? >> we have to be realistic and not listen to the nay sayers. >> that's hard. >> it's coming from every direction. if i've lost my job and my neighbor hasn't, i'm going to feel it a lot different than they have. when you look at the polls a lot of people that say it's better probably still have their job or got new strings of income, addition
most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and...
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how will the economy look. can he run on entitlement reform. i'll coming to washington to clean up. but the thing about christie is that he's so much fun to watch. he looks like he's enjoying his job all the time. he understands the intersection of pop culture and politics. and i think everyone just likes to watch this guy, so i think he's got a good shot. >> the other thing to remember about republicans too is they like their frontrunners. so by raising his profile now, by making himself the most recognized, the highest name recognition candidate out there potentially in 2016, he sets himself apart from the very beginning. republicans go to their front runners more often in fact than even the democrats do. >> my sources in the giuliani white house say the same thing. you know, you can really oversell stuff three years before election day. and while there is some valid attention being paid, for instance, not going to the faith and freedom conference and going to the clinton global initiative, a lot of this will dry up like -- like morning dew once we get to late 2015. >> but we'll h
how will the economy look. can he run on entitlement reform. i'll coming to washington to clean up. but the thing about christie is that he's so much fun to watch. he looks like he's enjoying his job all the time. he understands the intersection of pop culture and politics. and i think everyone just likes to watch this guy, so i think he's got a good shot. >> the other thing to remember about republicans too is they like their frontrunners. so by raising his profile now, by making himself...
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we're a global open economy. what happens in china and europe will certainly matter for our outlook as well. >> for most of the people watching us rights n now, their house or job is how they create wealth, not a big investment portfolio. talk to me about those two things. for someone watching me now, i have no control over china or ben bernanke, how can regular people make money right now or protect their money? what do you tell people? >> a great question to ask. housing is a big part of that. we're seeing real signs of life in the housing market. quite encouraging. last year, home prices up about starting to see that appreciation is very powerful in terms of building back household wealth, fueling consumer spending and helping to support overall confidence. >> do you agree? >> the first time in consumer positive. you get a lot of people very regressive, americans are fed up with that, getting on with their life and things they own are going up in price. housing prices could go up 10 to 15%. it could be phenome
we're a global open economy. what happens in china and europe will certainly matter for our outlook as well. >> for most of the people watching us rights n now, their house or job is how they create wealth, not a big investment portfolio. talk to me about those two things. for someone watching me now, i have no control over china or ben bernanke, how can regular people make money right now or protect their money? what do you tell people? >> a great question to ask. housing is a big...
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bernanke addressed how the fed might eventually cut back on the $85 billion in stimulus it pumps into the economy each month. but bernanke says for now, the massive bond purchases will continue. we're hearing from brazil that a hike in bus fares from sao paolo has been repealed. the city's mayor and governor of the state made the announcement a short time ago. demonstrations against the hike rockeded city, bringing thousands of people into the streets. and sparking calls for social justice. >>> the group mayors against illegal guns is apologizing for including the name of boston bombing suspect, tamerlan tsarnaev, in a list of gun violence victims, it was read at an event marking six months since the massacre at sandy hook elementary school. the group partially funded by new york city mayor michael bloomberg said it was using a list compiled by slate.com of people killed by guns since the december shooting. >>> now you've probably seen one of his many commercials over the decades, see if you recognize this man. >> you're going to like the way you look. i guarantee it. >> that's george zimmer, co-
bernanke addressed how the fed might eventually cut back on the $85 billion in stimulus it pumps into the economy each month. but bernanke says for now, the massive bond purchases will continue. we're hearing from brazil that a hike in bus fares from sao paolo has been repealed. the city's mayor and governor of the state made the announcement a short time ago. demonstrations against the hike rockeded city, bringing thousands of people into the streets. and sparking calls for social justice....
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. >> it's contingent on the economy improving. unemployment is getting as low as 6.5% next year. that would be nice. currently, it's 7.6%. >>> home prices are rising. enjoy it while it lasts. they rose in may compared to may of 2012. most cities are seeing big, double digit gains. prices in las vegas up 28%. similar moves, san francisco, san jose, phoenix, they were hit hardest by the housing bust. it's bound to slow down as mortgage rates rise. >>> two of the most famous clothing designers. an italian court says they cheated on taxes. they will not serve time in prison, but do community service oar house arrest. they plan to appeal the verdict. >> revolutionize prison jump suits. >> imagine that. >> we spend a lot of time together now. i spend more time with you than my wife. i have not seen her worked up about anything like that. >> the fed is going to withdraw the stimulus. remember all the terrible words, the fed giving a road map for pulling back the stimulus from the economy. it will be next year. that means you won't have $85 billion a month going into the market. >> it's
. >> it's contingent on the economy improving. unemployment is getting as low as 6.5% next year. that would be nice. currently, it's 7.6%. >>> home prices are rising. enjoy it while it lasts. they rose in may compared to may of 2012. most cities are seeing big, double digit gains. prices in las vegas up 28%. similar moves, san francisco, san jose, phoenix, they were hit hardest by the housing bust. it's bound to slow down as mortgage rates rise. >>> two of the most...
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Jun 17, 2013
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so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r credit score. something over 700 or 720. >> reporter: a quick closing at a time also helps. >> you get your best rate from a lender if you lock in for 30 days. standard to lock in for 60 days. the longer you go out, the more expensive it will be. >> reporter: ask your lender about a float down provision so your rate could be adjusted lower if rates do slip again. if you're still looking for the right house, make sure you're preapproved for a mortgage. and pay down your debt while interest rates on auto loans and credit cards are still low. >> this is a time to take
so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r...
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Jun 21, 2013
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ outer circle where we reach out to our sources around the world. tonight we go to china the government is eager to flex its muscles in space. the time an astronaut teaches a physics
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality [ whirring ] [ dog...
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Jun 18, 2013
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! [ male announcer ] new alka seltzer fruits chews. we know it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality where over seventy-five percent of store management started as i'm the next american success story. working for a company hourly associates. there's opportunity here. i can use walmart's education benefits to get a degree, maybe work in it, or be an engineer, helping walmart conserve energy. even today, when our store does well, i
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the...
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the economy is getting substantially better. whether it's housing, financials. gdp, employment numbers. the trends are positive. as a direct result, it's more difficult for chairman bernanke to justify mover stimulus. >> so a stronger economy may be better for all of us. >> exactly. >> it may be bad for some wealthy people on wall street. that's. okay. all right. thank you very much. i appreciate your time as always, good to see you, peter. >>> our other top story is negotiating with terrorists. the taliban is offering to exchange the only known american prisoner of war in afghanistan. sergeant bill bergdorf. one person for five people. previous talks stalled back in 2012. i want to keep in mine here, the taliban is classified by the united states as a quote/unquote specially designated global terrorist entity. many american officials have long maintained the united states does not negotiate with terrorists. the obama negotiation says peace talks between the u.s. and taliban will likely be held in the next few days. they expect the prisoner exchange to be on the
the economy is getting substantially better. whether it's housing, financials. gdp, employment numbers. the trends are positive. as a direct result, it's more difficult for chairman bernanke to justify mover stimulus. >> so a stronger economy may be better for all of us. >> exactly. >> it may be bad for some wealthy people on wall street. that's. okay. all right. thank you very much. i appreciate your time as always, good to see you, peter. >>> our other top story is...
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i'm not saying that that's what the situation is but the truth is that means the economy really is in a steady recovery. that's a good thing. that means people are finding jobs. that means they feel more comfortable about buying large ticket items whether it be car or a new refrigerator. those are really very good things. it also means this market is going to start trading on fundamentals again. that's really very comforting for traders. admittedly they were addicted to the punch bowl that's been there but there are plenty people out there that say it's a good thing to go back to the fundamentals. >> all right. it's good news. thank you. appreciate it. >> that will fix it. >>> we have to turn to canada. major emergency unfolding in the province of alberta. there's been flooding there. 75,000 people driven from their homes in the major city of calgary. >> that city has not seen anything like this before. the situation so serious that the canadian military has been called out to help the rescuers. >> reporter: the sheer speed and strength of the water took many my surprise leaving them
i'm not saying that that's what the situation is but the truth is that means the economy really is in a steady recovery. that's a good thing. that means people are finding jobs. that means they feel more comfortable about buying large ticket items whether it be car or a new refrigerator. those are really very good things. it also means this market is going to start trading on fundamentals again. that's really very comforting for traders. admittedly they were addicted to the punch bowl that's...
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uncertainty about the fed's role in propping up the economy. i am christine romans. this is "your money." >>> from space, earth appears peaceful. while science points to a u.s. economy that is ready to take off, the rest of the world is struggling to take fights. riots in turkey, slow growth in china, unrest over
uncertainty about the fed's role in propping up the economy. i am christine romans. this is "your money." >>> from space, earth appears peaceful. while science points to a u.s. economy that is ready to take off, the rest of the world is struggling to take fights. riots in turkey, slow growth in china, unrest over
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. >> and, by the way, economy, an economy that's -- >> and the economy. >> all right, we'll wait and see on that one. it's not quite back yet. >> just ahead, was celebrity tv chef nigella lawson publicly choked by her husband? and why some families worry about the bread their eating and why wheat farmers are worried about losing money. it's monday, a brand new start. with centurylink visionary cloud infrastructure, and custom communications solutions, your business is more reliable, secure, and agile. we kw it's your videoconference of the day. hi! hi, buddy! that's why the free wifi and hot breakfast are something to smile about. book a great getaway now and feel the hamptonality >>> questions are swirling about the marriage of celebrity chef nigella lawson after pictures surfaced of her husband with his hand around her neck at a restaurant. her husband is denying any claims he attacked her. cnn's international correspondent matthew chance is in london with the latest. matthew, these pictures just look awful. >> they do. they really illustrate as well, jim, the idea that if you're a
. >> and, by the way, economy, an economy that's -- >> and the economy. >> all right, we'll wait and see on that one. it's not quite back yet. >> just ahead, was celebrity tv chef nigella lawson publicly choked by her husband? and why some families worry about the bread their eating and why wheat farmers are worried about losing money. it's monday, a brand new start. with centurylink visionary cloud infrastructure, and custom communications solutions, your business is...
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also a pivotal week in the economy. we will look at ben bernanke's announcement and the market reaction with harvard historian neil ferguson squlmpt. >>> everyone is talking about the 3-d printing but that's yesterday's news. i'll show you printing atoms and molecules. that's the next big thing. first, here's my take. in the debate over u.s. intervention in syria, there's a striking mismatch between ends and means. proponents of intervention want to defeat a ruthless and powerful regime, rescue a country from civil war and usher in a new democratic political order. but these people say at the same time that they want to achieve all this with the most limited methods. the worst thing the united states could do right now is to put boots on the ground in syria, says senator john mccain. we're often told that the goal of this intervention is to stop the killing. but sending more arms into the mix will actually increase the violence. that's fine, say the interventionists, because the real goal is to oust assad. but as we lea
also a pivotal week in the economy. we will look at ben bernanke's announcement and the market reaction with harvard historian neil ferguson squlmpt. >>> everyone is talking about the 3-d printing but that's yesterday's news. i'll show you printing atoms and molecules. that's the next big thing. first, here's my take. in the debate over u.s. intervention in syria, there's a striking mismatch between ends and means. proponents of intervention want to defeat a ruthless and powerful...
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when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to happen as soon as the end of 2014 or maybe early '15. that's sooner than the last time they made an announcement. so they are sort of whispering that america is coming back. that the economy is starting to come back. you might not feel it yet, but you should in the next year. >> i think so many people are ready for more than whisper. we are trying to be patient. christine romans and rana, thank you both so much. >>> coming up, a chilling case that has one community in shock. and a family torn apart. a 5-year-old girl, 5, found dead. police say he
when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to...
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i'll worry about the economy more than a few times before they're grown. but it's for them, i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. the clearer it became to us that add up to seasoned detectives. >>> more now on how investigators looked for clues of arson after a mild fire. as we mentioned, the massive black forest fire is being treated as a crime scene. a look at how investigators solved the 200 2 hay man fire. >> reporter: she was on the biggest case of her career, tracking the arsonist that started colorado's largest fire. new revelations about the case forced her to reexaminen the evidence, the matches and the ashes in the campfire ring. soon, agent jones was zeroing in on a fellow forest worker, one of their own, terry barton spent nearly two decades preventing fires in colorado's national forests. the married mother of two raised her daughters here. this was barton's backyard. she was praised f
i'll worry about the economy more than a few times before they're grown. but it's for them, i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. the clearer it became to us that add up to seasoned detectives. >>> more now on how investigators looked for clues of arson after a mild fire. as we mentioned, the massive black forest fire is being...
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still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the general election that he could work across the aisle with republicans. one of the examples he could give is working with former indiana republican on the nuclear issue. that they even traveled together on it. this is actually something, he wasn't here very long as a senator. he didn't even finish his first term, but this is something when he was here briefly he did focus on. the other quick thing i want to point out, gloria talking about the big crowd of 2008 and the much smaller crowd here now that he's president. remember, in 2008, the mccain c
still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the...
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Jun 15, 2013
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there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the difference now for someone who is a millennial to think it is okay to give away these government secrets and for this intelligence? is it something that he doesn't know about the world or something that he does know about the world because of the information age we live in? >> my opinion what i've heard him say publicly makes me think he is politically about as ignorant as anybody i've ever heard and naive. >> you think he is naive. >> extremely naive. so to think that he should save the world himself by giving up confidential information or breaking the law, you know, we have 800 thousand plus people in this country wi
there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the...
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significant not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans there's very little incentive to vote for something. to van's point they're going to get primaried. almost all of them do. the average republican district right now is 75% light. there are nine republicans in the house who represent a majority/minority district. even those who sit in heavy districts have a significant latino population, they're also very republican districts. you have to -- the speaker has to find a way to get those folks to vote against their most immediate incentive, which is to be re-elected. >> fortunately we have republicans who look past their district boundaries and look past it and hopefully there's enough of those. i'm an optimist. >> coming up on "the lead," a new tip for a search in a field for jimmy hof
significant not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans there's very little incentive to vote for something. to van's point they're going to get primaried. almost all of them do. the...
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the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling below $96 a barrel. the ten-year yield, interest rates are rising right now, and the overseas markets, down 1 to 3%. all but about 100 stocks are lower in the u.s. it has been a widespread reaction basically until the markets get used to the fact that the fed won't be in there forever. there are also jobless claims showing a little higher, showing not as much strength in the jobs market as you would like. that spooked people a little bit. nervous investors. also, this, carol, is the end of the quarter. it's coming up here on the end of the first half of the year, so you've got fund managers saying,
the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling...
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Jun 21, 2013
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >> i'm sorry, this actually never happened to me. >> you know what that is? that is payback, cooper. >> that is going to follow me to my grave. >> he ordered that specifically. you know that. >> i was proud of you in that moment. i watched it live on television. anderson cooper here, ladies and gentlemen. here on "new week." great way to end. we have john berman here with what he learned on the internets. anderson cooper edition. >> you were tasked with just looking stuff up. >> this is like the easiest project ever. things have gone well for me here at cnn. >> this must be a career high point for you. >> indeed, it is. >> he is stalling. don't let him stall you. >> there were 1.2 million hits of that video of you giggling. that's huge on the internet. also big, you k
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >> i'm sorry, this actually never happened to me. >> you know what that is? that is payback, cooper. >> that is going to follow me to my grave. >> he ordered that specifically. you...
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the economy isn't growing as fast as it had been. the pros say this was bound to happen after months of gains and record highs. in fact, the fed pulling back is a sign the economy is getting better. >> there's no fear or panic going on. we know it's going to be a nice, slow, orderly process to see if our economy can stand on its own again. >> stocks were only part of the bad news. a metal meltdown. gold, the filter is dropping like a rock, losing a quarter of the value this year. don't be afraid to peek at your 401(k). after yesterday's dramatic drop, the dow was up 12.5% this year. >> everything was moving yesterday. interest rates on treasury bonds hit a two-year high. higher mortgage rates, higher car payments could be around the corner. don't despair. stock futures in the u.s. are up a little bit so far. we'll keep monitoring it. >> you used a swear word before we went on air. >> i did. i said darn, that was a horrible day in the markets. i can't wait to see what happens today. >> it was bad. >> it was. it was fierce. you have ev
the economy isn't growing as fast as it had been. the pros say this was bound to happen after months of gains and record highs. in fact, the fed pulling back is a sign the economy is getting better. >> there's no fear or panic going on. we know it's going to be a nice, slow, orderly process to see if our economy can stand on its own again. >> stocks were only part of the bad news. a metal meltdown. gold, the filter is dropping like a rock, losing a quarter of the value this year....
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fear that all of the easy money ben bernanke has been plowing into the economy to prop it up to prevent a depression is going to start drying up. the chief market strategist at knight capital group. peter, i guess the big question is, two days, nearly 4%. you know, that makes people afraid. and it should make people afraid. the question is, is this temporary or something that could get worse and worse? >> it's a real wake-up call. i do think this is a short-term trend. given that, we are in a period of volatility. since chairman bernanke did mention tapering back in may, which is where we had our highs -- >> meaning i'm going to eventually stop giving you this free money. >> we've seen a the lot of volatility in the market, more than we've seen all year. and sideways to lowered the last two days, significantly lower, this probably more work to do on the down side in the near term, but this is actually something that's needed. a pullback is needed. we need to get back to more compelling valuations in the indexes and stocks generally speaking. so it's not as if this is completely destruct
fear that all of the easy money ben bernanke has been plowing into the economy to prop it up to prevent a depression is going to start drying up. the chief market strategist at knight capital group. peter, i guess the big question is, two days, nearly 4%. you know, that makes people afraid. and it should make people afraid. the question is, is this temporary or something that could get worse and worse? >> it's a real wake-up call. i do think this is a short-term trend. given that, we are...
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it's pumping $85 billion a month into the economy but with the economy recovering, there's talk the fed may soon turn off that spigot. but when, when, when? investors hoping not soon. sparking a rally yesterday with no clear answer. the dow moving up and down 1 soo points the past six sessions. today, it's b-day, all about ben bernanke. to taper or not to taper. that's the way the banks at cjl puts it. chrysler caved. it took it down to the wire but in the end, chrysler decided to recall 2.7 jeeps. the automaker resisted pressure from the government waited until just the deadline, the government could have forced the recall of all of those jeeps. the jeeps in question, the 1993 to went 03 cherokees and the 2002 to 2007 jeep liberties. chrysler still maintains they are safe but will look over the vehicles -- voluntary recall to look over the vehicles and fix anything that needs to be fixed to avoid a fire. >>> the nsa snooping controversy continues, google filed a first amendment plea against the nsa. google wants to share information with the public about secret government programs. goo
it's pumping $85 billion a month into the economy but with the economy recovering, there's talk the fed may soon turn off that spigot. but when, when, when? investors hoping not soon. sparking a rally yesterday with no clear answer. the dow moving up and down 1 soo points the past six sessions. today, it's b-day, all about ben bernanke. to taper or not to taper. that's the way the banks at cjl puts it. chrysler caved. it took it down to the wire but in the end, chrysler decided to recall 2.7...
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who will be the person who will have to withdrawal the massive stimulus and what will happen to the economy and the stock market when that happens. >>> health care prices are going up. costs rise 6.5% next year. that includes doctor visits, drugs, surgery, prices are rising faster than inflation. that's not a news flash. here is the good news. this year, prizes rose 7.5%. it's because people are becoming more cost conscious. they are cutting down on doctor visits and choosing cheaper providers. >>> coming up, cliff rescue. two teenage boys stranded at the top of the cliff and they had no way down. we'll show you the rescue caught on camera. look at that. it's coming up next. the first time i saw a sony 4k tv, it was like opening my eyes. it's four times the detail of hd. colors become richer. details become clearer. which for a filmmaker, changes everything. because now there are no more barriers between the world that i see and the ones i can show you. the sony 4k ultra hd tv. >>> defending the nsa, president obama on the record about why the controversial surveillance program isn't as inv
who will be the person who will have to withdrawal the massive stimulus and what will happen to the economy and the stock market when that happens. >>> health care prices are going up. costs rise 6.5% next year. that includes doctor visits, drugs, surgery, prices are rising faster than inflation. that's not a news flash. here is the good news. this year, prizes rose 7.5%. it's because people are becoming more cost conscious. they are cutting down on doctor visits and choosing cheaper...
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this is the world reacting to the economy being well enough so they can pull back sometime next year. >> can i ask a stupid question? >> what's your stupid question. >> first of all, if the economy is doing better, and we all knew the stimulus is temporary, why is this such a surprise? >> that is a great question, because this is exactly what everyone said they thought would happen, that the fed would say stimulus is going to continue, but they would give a road map for how it would be tamped down. that's exactly what happened. the nagging worries you still see in global markets. record unemployment in europe. china's factory output is the slowest in nine months. last year china's growth was the slowest in 13 years, and there's this worry that if you have no fed in the u.s., you have no growth. look how much money the fed has been pumping into the system. you have the fed's balance sheet that has exploded and you still only have 2% growth in the u.s. if you've got china slowing and the fed pulling back at the same time, what is that going to mean for markets, for investors, for intere
this is the world reacting to the economy being well enough so they can pull back sometime next year. >> can i ask a stupid question? >> what's your stupid question. >> first of all, if the economy is doing better, and we all knew the stimulus is temporary, why is this such a surprise? >> that is a great question, because this is exactly what everyone said they thought would happen, that the fed would say stimulus is going to continue, but they would give a road map for...
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put the economy in terms we noneconomists understand. it's like a car. >> to return to the driving analogy, if the incoming data supports the view the economy's able to sustain a reasonable cruising speed we will ease pressure on the accelerator by gradually reducing pace of purchases. >> not put on
put the economy in terms we noneconomists understand. it's like a car. >> to return to the driving analogy, if the incoming data supports the view the economy's able to sustain a reasonable cruising speed we will ease pressure on the accelerator by gradually reducing pace of purchases. >> not put on
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look, i'm still pretty bullish on the economy as christine knows. the thing that is really interesting about this, carol. the fed and ben bernanke did not announce the other day that they were taking the punch bowl away. they were saying, right, christine, they might take it away some time in the future and just that, so, you know, cause so much nervousness on wall street that you saw this big, this big selloff. i don't expect the selloff to continue. i think this was just a little bit, a temper tantrum because they were -- >> a taper tantrum. >> a taper tantrum. >> absolutely. >> ben bernanke, so interesting, ben bernanke basically said we'll go on a diet some time next year and that's what got everybody so worried about a diet that hasn't started yet. just the fact that he was so clear about going on a diet is why every aen with is concerned. >> taper means the economy is improving. wall street is just kind of jittery because they're not going to be propped up any more. it's not going to hurt them in the long run if the economy is improving. >> bu
look, i'm still pretty bullish on the economy as christine knows. the thing that is really interesting about this, carol. the fed and ben bernanke did not announce the other day that they were taking the punch bowl away. they were saying, right, christine, they might take it away some time in the future and just that, so, you know, cause so much nervousness on wall street that you saw this big, this big selloff. i don't expect the selloff to continue. i think this was just a little bit, a...
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we want the economy to get better. the problem is, is that the quantitative easing has at some point got to go away. >> what they call the stimulus. kr yeah. winding down on that. >>> two big stories. of course, you see the dow which has to deal with your wallet. then the story people have been following here for a year now. just a little bit more information before we go to break here. as i said, jury has been selected in the george zimmerman trial. just to tell you about this jury, it's a six-person jury to hear the case of george zimmerman. it's been chosen. it consists of six women, we are told. there are no men. no men on this jury. four of them are white, one is black. the race of the only woman -- the race of the one lady is unknown. we're not exactly sure what it is. again, four white, one black. i'm not exactly sure of one. four alternates being chosen right now. more on this developing story when we come right back. i don'without goingcisions to angie's list first. with angie's list, i know who to call, and i
we want the economy to get better. the problem is, is that the quantitative easing has at some point got to go away. >> what they call the stimulus. kr yeah. winding down on that. >>> two big stories. of course, you see the dow which has to deal with your wallet. then the story people have been following here for a year now. just a little bit more information before we go to break here. as i said, jury has been selected in the george zimmerman trial. just to tell you about this...
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economy, is the economy strong enough to stand on its own? wall street nervous, the dow posted triple-digit moves, you guys, past six sessions, dow futures up 29 points right now. brand new cnn/orc poll most americans say the economy is in poor shape and when it comes to people's finance more pessimism. 44% say they're financially worse off than a year ago, only 36% say they're better off. no improvement from last year, no improvement. the stock market is up 13% and there's no improvement from last year. >> she's getting emotional about it. she's got a frog in her throat. >> cnn money released a list of best places to launch a business, montana, vermont, new mexico, and if you want to launch a business there you go. >> i'm thinking north dakota, i did a piece in north dakota about the fracking industry and how it's booming. lowest unemployment. >> the lowest unemployment in the country is in north dakota. i hear it's lovely this time of year. >> not a lot of nighttime. >> thank you very much. >>> developing news in california this morning, fi
economy, is the economy strong enough to stand on its own? wall street nervous, the dow posted triple-digit moves, you guys, past six sessions, dow futures up 29 points right now. brand new cnn/orc poll most americans say the economy is in poor shape and when it comes to people's finance more pessimism. 44% say they're financially worse off than a year ago, only 36% say they're better off. no improvement from last year, no improvement. the stock market is up 13% and there's no improvement from...
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also a pivotal week in the economy. we will look at ben bernanke's announcement and the market reaction with harvard
also a pivotal week in the economy. we will look at ben bernanke's announcement and the market reaction with harvard
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normally when the economy starts to go up, and optimism goes up, the president goes with it. the effect this president is going down and the economy is going up, that's troubling. >>> back to the poll numbers as it concerns union people, gloria. so republica's want to gain young people, right? they're not doing so good in that category, either. does this help them? >> look, it gives them an +y if you're a republican now and looking at they numbers, you're thinking, what do i need to do for myself? i don't need to be seen as being a friend of president president d8so if you're a republican, you're saying, well, maybe there's an opportunity for us with younger voters, particularly as you look towards 2016, which of course they're all looking towards. they have a batch of judger candidates. if they get immigration reform passed, maybe they can start appealing to hispanic voters, some minority voters. if you're looking at this and you're a republican in congress, you're saying number one, i'm not as afraid of the president as i might have been. and two i see some openings here fo
normally when the economy starts to go up, and optimism goes up, the president goes with it. the effect this president is going down and the economy is going up, that's troubling. >>> back to the poll numbers as it concerns union people, gloria. so republica's want to gain young people, right? they're not doing so good in that category, either. does this help them? >> look, it gives them an +y if you're a republican now and looking at they numbers, you're thinking, what do i need...
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ers are going down but the economy is going up, if you study politics, it's that rising tide of an economy that holds a president in trouble up. if you're team obama and people are feeling better about the economy but your numbers are going down, the new warning light is flashing. >> john, thank you for that. appreciate that. maybe see the president doing some more feel good appearances coming up. >> that's exactly what we're going to see. >>> president obama is in northern ireland for the g-8 summit. his trip comes aá a difficult time. the british newspaper, "the guardian," has dropped yet another security bombshel&. it claims in 2009 british intelligence spied on its allies at two g-20 summit meetings in london. our jessica yellin has more from the g-8 summit in ireland. >> reporter: kate, president obama arrived at the summit site, and he will sit down for his first one-on-one meeting in the next hour, and it's with british prime minister david casq) cameron. the two now have something new in common. the latest report from "the guardian" fingers both the u.s. and the uk for spying on f
ers are going down but the economy is going up, if you study politics, it's that rising tide of an economy that holds a president in trouble up. if you're team obama and people are feeling better about the economy but your numbers are going down, the new warning light is flashing. >> john, thank you for that. appreciate that. maybe see the president doing some more feel good appearances coming up. >> that's exactly what we're going to see. >>> president obama is in northern...
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> the fed meets today and tomorrow and ben bernanke intends to pull back on the stimulus giving the economy. your 401(k) and your money depend on that guy right there. stay tuned. >>> chrysler has until midnight to decide whether it will recall 2.7 million jeeps. the government asked them to recall because of problems in the fuel tank that could cause a fire in rear end crashes. chrysler says we're not going to. tonight is the deadline. if chrysler does not agree to the recall the government then has to have public hearings and they can try this involuntary recall route and eventually has to take chrysler to court. >> can you explain that to me briefly. why is that a good pr move? is it a financial move? sounds bad. >> some watchdogs say it would be millions of dlafrz for them to have to recall all of these things, some of these model years are a little bit older but chrysler is determined not to recall these jeeps. they say that if there's a crash it's because the speed of the crash, not the design of the fuel tank. the government disagrees. >> that's the key. christine just told you they
> the fed meets today and tomorrow and ben bernanke intends to pull back on the stimulus giving the economy. your 401(k) and your money depend on that guy right there. stay tuned. >>> chrysler has until midnight to decide whether it will recall 2.7 million jeeps. the government asked them to recall because of problems in the fuel tank that could cause a fire in rear end crashes. chrysler says we're not going to. tonight is the deadline. if chrysler does not agree to the recall the...
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Jun 18, 2013
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economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the opportunity. and we're just asking for the same opportunity for everybody else. >> all right, kathy bird, thank you so much for joining us this morning. >> thank you so much, carol. >> you're welcome. >>> up next in the "newsroom" -- >> i have to believe that you were sent here for a reason. you owe it to yourself to find out what that reason is. >> the man of steel, souperman,a jesus figure? we'll talk about that next. [ female announcer ] last day, deb. checking out of the hilton shouldn't be a pity party. your next trip is calling. saying, "deb, find a view for two at a conrad." or "make room for more at an emba
economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the...
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Jun 21, 2013
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stocks on rocky ground after the dow plunged more than 550 points in two days because the fed said the economy was getting better. today, three major stock indices were calm. they ended the week down 2%. >>> and there are reports of a story, faultout from the george zimmerman -- fallout from the george zimmerman murder trial. the jury is six people, all women. it's in place. the case that's become a hot button for racial kenzie in this country is going to begin -- racial tension in this country is going to begin opening arguments monday morning. what will happen in sanford, florida? the town where 17-year-old trayvon martin was shot and killed last february. if george zimmerman is actually acquitted? david mattingly has more. >>> team three has 15th street -- >> reporter: the clock is ticking for the sanford p.d. and its new chief. >> let's mount up, folks. let's do it. >> reporter: the george zimmerman case exposed a deep bitter divide between the city's police and african-americans. on the job now only since april, chief cecil smith -- >> we're going to walk, knock on doors. >> reporter: hop
stocks on rocky ground after the dow plunged more than 550 points in two days because the fed said the economy was getting better. today, three major stock indices were calm. they ended the week down 2%. >>> and there are reports of a story, faultout from the george zimmerman -- fallout from the george zimmerman murder trial. the jury is six people, all women. it's in place. the case that's become a hot button for racial kenzie in this country is going to begin -- racial tension in...
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Jun 20, 2013
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. >> he said the economy is getting better, that means the fed will stop all the stimulus. not right now but eventually. dow futures down 80 points, big sell-off yesterday, the dow, nasdaq, s&p all swooning by more than 1%. the dow was down 206 points. fed reserve chairman ben bernanke said the fed was prepared to "taper" its purchases of bonds as the economy improves. he signaled the stimulus program could end by next year, that could raise your borrowing costs, you would feel it. >>> a stunning turnaround for general motors for the first time j.d. power and associates says gm is the car company with the best quality. all four gm brands were ranked above the industry average. gm filed for bankruptcy back in 2009 so this is a milestone for general motors. >>> a faster version of wifi is on the way t will allow to you transfer, imagine this, a high definition movie to a tablet in less than four minutes. the samsung galaxy s4 and routers from cisco will be among the first to use this new high speed wifi. apple says its future products will use the faster network, full movie,
. >> he said the economy is getting better, that means the fed will stop all the stimulus. not right now but eventually. dow futures down 80 points, big sell-off yesterday, the dow, nasdaq, s&p all swooning by more than 1%. the dow was down 206 points. fed reserve chairman ben bernanke said the fed was prepared to "taper" its purchases of bonds as the economy improves. he signaled the stimulus program could end by next year, that could raise your borrowing costs, you would...
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Jun 15, 2013
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can he improve iran's economy and free iran's political prisoners? a lot are watching iran's new president-elect to see what he does. for now, his supporters celebrating >>> in a first of its kind exposure, they are allowing tech giants to reveal the number of inquiries they get from law enforcement. a justice spokesperson said the numbers will, quote, show that an extraordinarily small number of accounts are subject to legal process. it is all in response to reports that the u.s. government directly accesses the servers of facebook and microsoft. the companies deny that. lawye we have the industry reaction. >> he with have more developments in the surveillance of american citizens. with the government's permission, facebook and microsoft are coming forward with their roles in those national security requests. this is the first time we are learning about specific government requests for information in the wake of the nsa leaker. according to lawyers from both companies, in the last six months of 2012, facebook received between 9 and 10,000 questions
can he improve iran's economy and free iran's political prisoners? a lot are watching iran's new president-elect to see what he does. for now, his supporters celebrating >>> in a first of its kind exposure, they are allowing tech giants to reveal the number of inquiries they get from law enforcement. a justice spokesperson said the numbers will, quote, show that an extraordinarily small number of accounts are subject to legal process. it is all in response to reports that the u.s....
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they have premium economy seating which gives you basically what you used to have but now you got to pay an extra $30, $40 for that space. so what they're doing is they're saying if you want the cheapest seat, you're going to the back. if you want to pay a slight premium, we will hit you with those fees and $36 billion worth of fees were collected just last year. >> it is amazing. mark murphy, thank you. >> thanks. >>> a room full of some of the biggest stars in the gop. the faith and freedom conference happening right now, but what's more interesting is the big gop star who is not showing up. vo: traveling you definitely end up meeting a lot more people but a friend under water is something completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help you find yours. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hop
they have premium economy seating which gives you basically what you used to have but now you got to pay an extra $30, $40 for that space. so what they're doing is they're saying if you want the cheapest seat, you're going to the back. if you want to pay a slight premium, we will hit you with those fees and $36 billion worth of fees were collected just last year. >> it is amazing. mark murphy, thank you. >> thanks. >>> a room full of some of the biggest stars in the gop....